34
34
Dec 17, 2013
12/13
by
CNBC
tv
eye 34
favorite 0
quote 1
the job growth is in the cities like toll brothers and also in southern california, kb homes, that's really the premier land locations roo it no. >> i'm glad you said the "s" word, supply is something we have not talked about nearly enough. when interest rates rose a little bit and signs of bumminess in housing all the negatives came out. the reality is you look at a town like seattle, one month of inventory on the market, you note a 14-year absolute low for homes that are for sale right now. >> yeah. if you look at the numbers, you got 2.1 million existing. you've got less than 200,000 new. if you look at a 30-year chart of the inventory as a percentage of the working age population it's at 30-year lows. those home builders that have land in those areas with job growth, should benefit. >> what do you think is going to happen to house prices? house prices in the united states are up about 22% over the past 18 months, but still down about 21% from the peak back in 2006. what will 2014 bring us, mark? >> well, we're calling for basically mid single digitses. call it 5% in 2014. we have
the job growth is in the cities like toll brothers and also in southern california, kb homes, that's really the premier land locations roo it no. >> i'm glad you said the "s" word, supply is something we have not talked about nearly enough. when interest rates rose a little bit and signs of bumminess in housing all the negatives came out. the reality is you look at a town like seattle, one month of inventory on the market, you note a 14-year absolute low for homes that are for...
76
76
Jan 14, 2013
01/13
by
CNBC
tv
eye 76
favorite 0
quote 0
he's back with us on the fast line live from new york city. glen, welcome back. >> thanks. >> separate fact from fiction. how real are the worries that the market is disseminating today. >> well, you know, as we say we downgraded apple a month ago. we lowered numbers on the big supplier to apple and downgraded lg display as well. from our perspective those cuts are real. i think it's still unclear exactly why they're cutting. you could argue they overordered in q4. maybe yields have expanded. but the cuts -- >> what's interesting glen is that you've got every apple bull seemingly on the street today either putting a note out or making a comment or defending the stock by way of saying, oh, this is old news. i get it. okay. it may be old news the market was sniffing it out guys like you were sniffing it out you know weeks and weeks ago but now it seems as though the market is willing to take seriously what the most bullish people on wall street always want to ignore and that's negative news when apple comes down the pike. >> here's a way to thin
he's back with us on the fast line live from new york city. glen, welcome back. >> thanks. >> separate fact from fiction. how real are the worries that the market is disseminating today. >> well, you know, as we say we downgraded apple a month ago. we lowered numbers on the big supplier to apple and downgraded lg display as well. from our perspective those cuts are real. i think it's still unclear exactly why they're cutting. you could argue they overordered in q4. maybe...
48
48
Dec 5, 2013
12/13
by
CNBC
tv
eye 48
favorite 0
quote 0
citi's sunni harper is here live on where the best bang for your buck really is right now. >>> we do begin with rates to rally and the reason why stocks can still go higher. more signs today of an improving economy sending the 10-year closer to 2.9%. the move coming after a nice drop in jobless claims and an upward revision of gdp. so stocks are trying to battle back from that four-straight down days. so our question to the traders becomes this -- if rates are rising for the right reasons, isn't that good for your money? it is "halftime," and let's play the action. >>> josh brown, if rates are rising for the right reasons, isn't that good? >> i think it is good, and historically, stocks are positively correlated with rates, so long as they're rising gradually. there are areas of the market that you probably want to avoid, however. utilities spring to mind. but then, there are areas that benefit, such as financials, as you've no doubt heard at this point. that's why the banks have begun to break out this fall. i would look at this as a positive, so long as rates are going up for the r
citi's sunni harper is here live on where the best bang for your buck really is right now. >>> we do begin with rates to rally and the reason why stocks can still go higher. more signs today of an improving economy sending the 10-year closer to 2.9%. the move coming after a nice drop in jobless claims and an upward revision of gdp. so stocks are trying to battle back from that four-straight down days. so our question to the traders becomes this -- if rates are rising for the right...
113
113
May 22, 2013
05/13
by
CNBC
tv
eye 113
favorite 0
quote 0
record profits in city center. that's why we had a great first quarter and we're off to a good start here in the second quarter. >> so you're looking for an okay year then, 2013? >> yeah, i'm really proud. this is a company that kirk o'corian founded many years ago. he stuck with us through thick and thin. he is the visionary that is my inspiration. and the fact at the company is doing so much better now. las vegas is improving, is a testament, i think, to the resiliency of everybody that works for us and a credit to him. >> by the way, jim, as a leader of a major corporation, the gaming business, one of the issues we talk about, i want to get your perspective, is the corporate tax rate. no doubt you saw tim cook getting grilled yesterday on capitol hill. he basically made the case that the tax code needs to be changed. otherwise, the money that corporations have overseas won't come back. what's your take on it? >> well, the criticism of apple was totally misplaced. since 1934, justice hand back in '34 discussed th
record profits in city center. that's why we had a great first quarter and we're off to a good start here in the second quarter. >> so you're looking for an okay year then, 2013? >> yeah, i'm really proud. this is a company that kirk o'corian founded many years ago. he stuck with us through thick and thin. he is the visionary that is my inspiration. and the fact at the company is doing so much better now. las vegas is improving, is a testament, i think, to the resiliency of...
126
126
Nov 18, 2013
11/13
by
CNBC
tv
eye 126
favorite 0
quote 0
the list of cities in trouble doesn't stop there. scott kohn is going across america to save our cities. stop number one, oakland, california. scott? >> yeah. sue, you know, this is a real main street versus wall street story. the issue here, did wall street take hundreds of american cities for a ride or were these cities simply playing the market with their taxpayers' money. it's the first stop on our critical conditions tour, looking at america's cities and what can be done to save them. we're in oakland, california, and we'll have the story coming up on "power lunch." mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. at bny mellon, our b
the list of cities in trouble doesn't stop there. scott kohn is going across america to save our cities. stop number one, oakland, california. scott? >> yeah. sue, you know, this is a real main street versus wall street story. the issue here, did wall street take hundreds of american cities for a ride or were these cities simply playing the market with their taxpayers' money. it's the first stop on our critical conditions tour, looking at america's cities and what can be done to save...
53
53
Mar 4, 2013
03/13
by
CNBC
tv
eye 53
favorite 0
quote 0
>> i think absolutely there is concerns in the major urban city markets. but i don't think this is a story in 2013 that will bite. i think what we are talking about is a government that actually on the positive side understands that they have some structural imbalances regard is investment and speck lasive investment and residential property. since 2010 has been much more aggressive in trying to control that. so they've got levers at their disposal and i think we are in a government where the government is trying to get more involved. all indications are that since 2010 they have had a lot of success there. yes, too much investment. yes, related to the -- >> so you say this is a manageable bubble? >> i think it is in the near term, absolutely. >> when you say the near term, whalts the -- in the beginning of the answer you said, this is an story for 2013. if not 2013, then when? nick? >> what i'm looking at as biggest potential driver, a real comprehensive slow down in residential in china is account revitalization. the key issue is that capital account is
>> i think absolutely there is concerns in the major urban city markets. but i don't think this is a story in 2013 that will bite. i think what we are talking about is a government that actually on the positive side understands that they have some structural imbalances regard is investment and speck lasive investment and residential property. since 2010 has been much more aggressive in trying to control that. so they've got levers at their disposal and i think we are in a government where...
92
92
Aug 16, 2013
08/13
by
CNBC
tv
eye 92
favorite 0
quote 0
capital city and across the country. the death toll, according to the ministry of interior, at least 24 people have died. probably can hear some of the ambulances and the military helicopters in the background. keep in mind the images that we saw are very disturbing, bloody images from different parts of the country. masked gunmen with ak-47s as far as we could see, and it shows you the amount of trepp days. interesting developing though, sue, the fact that saudi arabia has now come out and said that they stand with egypt in the fight against, quote, terrorism and against those who would like to destabilize the country. a bit of a shift really given that saudi arabia is an important ally of the united states and the world's largest oil exporter. that positioning a bit of a shift away from what we've been hearing from u.s. president barack obama. also, of course, other countries reviewing their ties with egypt. the european union as a whole will be having a lot of discussions over the weekend. meanwhile, the suez canal re
capital city and across the country. the death toll, according to the ministry of interior, at least 24 people have died. probably can hear some of the ambulances and the military helicopters in the background. keep in mind the images that we saw are very disturbing, bloody images from different parts of the country. masked gunmen with ak-47s as far as we could see, and it shows you the amount of trepp days. interesting developing though, sue, the fact that saudi arabia has now come out and...
70
70
Feb 8, 2013
02/13
by
CNBC
tv
eye 70
favorite 0
quote 0
what are traders citying about it? steve grasso is standing by on the floor of the new york stock exchange. welcome back. >> thank you. >> bottom line, this note says the chances of apple returning cash is better than ever maybe right now. >> that's it right there. with the conversation started, it's been on everyone's mind about where this cash is going to be allocated to. it got the conversation on the front burner once again. apple has jumped from that 4$43 level around january 24, 25th. it's brought the dialogue into the annual investor meeting. people want to know where it's going. people are excited about it. you're not going to sell the stock ahead of that meeting, you're not going to sell the stock until you find out buyback, dividend, what the story is. >> did einhorn just put a floor under the stock? >> i don't know about a floor. but going into the meeting, going into february 27th, i think there's going to be a floor put on the stock until we find out some closure as to what's happening to it. but goldman s
what are traders citying about it? steve grasso is standing by on the floor of the new york stock exchange. welcome back. >> thank you. >> bottom line, this note says the chances of apple returning cash is better than ever maybe right now. >> that's it right there. with the conversation started, it's been on everyone's mind about where this cash is going to be allocated to. it got the conversation on the front burner once again. apple has jumped from that 4$43 level around...
635
635
Mar 20, 2013
03/13
by
CNBC
tv
eye 635
favorite 0
quote 0
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. >>> >>> officials in cyprus have been scrambling, looking for alternative ways to raise funds now that the tax on bank deposits there has been rejected by its parliament. and that's why the cypriot finance minister is in russia today. cnbc's steve sedgwick is in moscow with details. >> reporter: thanks, bill. yeah, it's been a fascinating day here in moscow, a day in which the finance minister of cyprus came to moscow, looking for a plan "b," maybe even a plan "c" to sort out the economic woes and the kploeimpl that seems to be having to the cypriot economy. in 2004, according to moody's, it appears that trans-regio
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. >>> >>>...
114
114
Jun 19, 2013
06/13
by
CNBC
tv
eye 114
favorite 0
quote 0
sir, one of the highlights of the kansas city conference every year are remarks by the chairman, you. you're not going this year. we've heard it's because you have a conflict in your personal schedule. but some have taken that as a sign that you may not be staying on the job for another term. comment on that? and also give us more explanation as to why you're not going to be in jackson hole for the first time? >> well, as i said, i'm not going to comment on my personal plans. i will say this. i think there's a perception that the jackson hole conference is a federal reserve systemwide conference. it's not. it's a conference sponsored by one of the 12 reserve banks. every one of the 12 reserve banks has conferences, has meetings, and this is the one i've gone to the most, probably of any reserve bank. so i think it's not inappropriate to go to different conferences, different meetings, and to essentially meet all of the constituents that i have in these different reserve banks. so that's one reason, certainly. >> steve beckner, mr. chairman. a number of your colleagues expect the unemp
sir, one of the highlights of the kansas city conference every year are remarks by the chairman, you. you're not going this year. we've heard it's because you have a conflict in your personal schedule. but some have taken that as a sign that you may not be staying on the job for another term. comment on that? and also give us more explanation as to why you're not going to be in jackson hole for the first time? >> well, as i said, i'm not going to comment on my personal plans. i will say...
60
60
Jul 18, 2013
07/13
by
CNBC
tv
eye 60
favorite 0
quote 0
you're picking citi. why? >> first the housing. we think house something getting better and as they're able to roll off some of the balance sheet issues on citi holdings, we think that's a great driver for citicorp as well as new management. new management came into citi a year ago and we've met with them a number of times. we think they have a really good strategy. with the stock trading under book value it doesn't make a lot of sense for us. >> you don't have doct-- you're a holder of dell in that large cap fund? >> we're not a holder of dell. >> good to talk to you. thanks for coming on. >> thank you. >> jeff roddinghouse. we're trading more market moving names from delivering alpha after the break. nelson pel says pepsi could hit 175 bucks by 2015. can it? or traders let you know what they think when we come back. 5-0 so i'm always looking to take them up a notch or two. tdd#: 1-800-345-2550 and schwab really helps me step up my trading. tdd#: 1-800-345-2550 they've now put their most powerful platform, tdd#: 1-800-345-2550 str
you're picking citi. why? >> first the housing. we think house something getting better and as they're able to roll off some of the balance sheet issues on citi holdings, we think that's a great driver for citicorp as well as new management. new management came into citi a year ago and we've met with them a number of times. we think they have a really good strategy. with the stock trading under book value it doesn't make a lot of sense for us. >> you don't have doct-- you're a...
64
64
Jul 22, 2013
07/13
by
CNBC
tv
eye 64
favorite 0
quote 0
somebody wrote about how the higher interest rates are affecting the more expensive cities. the northeast. california. >> i think it depends on the speed at which the yield goes higher. if you can gradually go higher, that's indicative of a better economy. if you go from the 110 basis points off the throw that we saw in a month's time it is a shock to the system. there is a company lenox international that builds hvac systems for residential. they were up 16% in the quarter. there is activity certainly there and i think there is pockets in housing where you can make money. >> housing inventory is at its lowest level since 2001. this is a supply story. i think this stays with us over the next couple years. i don't know that home builders are necessarily the right place. i would really look towards the resource that is go into buy buying a home. this is more of a secular turn. this is not cyclical in nature and the evidence is there in the actual figures >> number prices are up quite a bit in the last couple weeks. >> switch gears to netflix. shares have almost quadrupled. let
somebody wrote about how the higher interest rates are affecting the more expensive cities. the northeast. california. >> i think it depends on the speed at which the yield goes higher. if you can gradually go higher, that's indicative of a better economy. if you go from the 110 basis points off the throw that we saw in a month's time it is a shock to the system. there is a company lenox international that builds hvac systems for residential. they were up 16% in the quarter. there is...
596
596
Feb 13, 2013
02/13
by
CNBC
tv
eye 596
favorite 0
quote 0
the city says tickets for three-hour tours are nearly sold out and highlights include the giant egg-shaped receptacles. >> thanks for watching "street signs." history always repeats itself. "closing bell" is next. >>> hi, everybody. good afternoon. welcome to the "closing bell." i'm maria bartiromo here at the new york stock exchange. stocks mixed at this hour. the dow struggling to stay above the 14,000 level and the nasdaq modestly higher. >> just a reversal. >> i'm bill griffith. we'll see if the dow can rally back. we're at the lows of the day right now but also following these stories on today's ram. the ceo of dow component cisco will be with us. john chambers will join us moments after the company reports earnings. will the results move us closer or further away from a new high? plus a lot more to get into with the always outspoken john chambers. >> he's terrific and how is this for an odd couple. facebook founder and ceo mark zuckerberg having new jersey republican governor chris christie over to his house tonight. >> here's a clue. >> knew you would like that. >> serve lots of foo
the city says tickets for three-hour tours are nearly sold out and highlights include the giant egg-shaped receptacles. >> thanks for watching "street signs." history always repeats itself. "closing bell" is next. >>> hi, everybody. good afternoon. welcome to the "closing bell." i'm maria bartiromo here at the new york stock exchange. stocks mixed at this hour. the dow struggling to stay above the 14,000 level and the nasdaq modestly higher. >>...
126
126
Feb 19, 2013
02/13
by
CNBC
tv
eye 126
favorite 0
quote 0
the bigger the better, they like citi, they like bank of america. that's a pretty significant line in the stand. i don't know a lot of people that are long on the stock that are looking to part with it just yet. it really seems to be strong, even on down days. >> interesting you say that because, weis, you're one of those. you're long and you have no plans to bail. >> i don't. i'm till positive on the economy. net interest margins will increase and you'll make more money. i think you're seeing a turn in m&a also. >> until that dynamic change, i'm not sure why anyone would want to walk away. >> best buy is getting a boost today, also getting an upgrade. stocks having a nice move. >> the stock was left for dead last year. fourth quarter sales were a little better than people expected, that showed some stabilization, which was positive. and steefle also making a call on management doing a much better job. the risk is the same it's been. google is getting into retail, apple has eaten their lrcunch. i would take profits and gets out of this. i don't see
the bigger the better, they like citi, they like bank of america. that's a pretty significant line in the stand. i don't know a lot of people that are long on the stock that are looking to part with it just yet. it really seems to be strong, even on down days. >> interesting you say that because, weis, you're one of those. you're long and you have no plans to bail. >> i don't. i'm till positive on the economy. net interest margins will increase and you'll make more money. i think...
162
162
Jan 17, 2013
01/13
by
CNBC
tv
eye 162
favorite 0
quote 0
the ceo owns about 300,000 shares of citi and you might know the firm has been calling for citi to be broken up. welcome back. >> thank you. >> your argument has been they are too complicated and hard to argue with you when you look at this morning's results. >> too complicated and as we've said, we co-filed with a shareholder proposal asking for the board to look at the potential ways in which we can unlock shareholder value by potentially restructuring this business. we think the company is, as we've said, not just too big to fail but too big to manage. there's too much complexity in its current business and they need to look at how to restructure. >> you also say, though, that one of their attributes, one thing that makes city attractive is the international footprint. how do you stay international, stay global and simplify in >> we think they can do it along product lines and geography. that's one reason why we own the stock and they have a lot of good businesses within this structure including credit card business but as we look at it we think there's a better way to manage it to
the ceo owns about 300,000 shares of citi and you might know the firm has been calling for citi to be broken up. welcome back. >> thank you. >> your argument has been they are too complicated and hard to argue with you when you look at this morning's results. >> too complicated and as we've said, we co-filed with a shareholder proposal asking for the board to look at the potential ways in which we can unlock shareholder value by potentially restructuring this business. we...
146
146
Nov 20, 2013
11/13
by
CNBC
tv
eye 146
favorite 0
quote 0
the latest city with fiscal woes. add detroit and 50 billion outflow from muni bonds since march, some say it's time to reconsider how safe munis are for the average investor. >> gives you pause. jeff cox says munis are a mine field right now but alexander labrenthal. jeff, why the caution? obviously, we have high-profile cases but why do you blanket the rest of the businesses? >> i think the word mine field is important to keep in mind. it's not that everywhere you go, munis are bad, but do you have these areas where you step on things and they explode. here about, you know, three things. and i think scott covered it very well. three things that concern me. one, just as we noted, $50 billion of outflow from munis, investors clearly concerned out there. that leads us to some of the ramifications from that. we had the financial crisis. during the crisis we had a lot of really bad deals that went down, some unsavory characters moved into the market and created problems. number three thing that bothers me, more than anyt
the latest city with fiscal woes. add detroit and 50 billion outflow from muni bonds since march, some say it's time to reconsider how safe munis are for the average investor. >> gives you pause. jeff cox says munis are a mine field right now but alexander labrenthal. jeff, why the caution? obviously, we have high-profile cases but why do you blanket the rest of the businesses? >> i think the word mine field is important to keep in mind. it's not that everywhere you go, munis are...
138
138
Mar 8, 2013
03/13
by
CNBC
tv
eye 138
favorite 0
quote 0
st citi, the most improved or goldman sachs? let's talk numbers. goldman versus citi. on the technical side j.c. o'hara and fundamental side abigail doolittle with the seaport group and a cnbc contributor. abigail, would you buy either of these two banks? >> bill, perception is everything, and i think that these bank stress test results are likely to shift investor perception of risk in favor of citigroup and away from goldman sachs. citigroup looks more bullish. when we dig down on citigroup we see they have been doing all the right things, cut operating expenses and increased bad loan reserves and increased overall capital. all this makes it more likely that the fed will approve the bank's request for $1.2 billion buyback next year this. will support shares. i think we're looking at a $55 to $65 stock over the next 12 months. goldman, on the other hand, looks like a trading black box. their ratio was well below the firm's estimate. 5.7% relative to goldman's 8.6%. this does not breed confidence. investors will be nervous about this, and i think that you're going to s
st citi, the most improved or goldman sachs? let's talk numbers. goldman versus citi. on the technical side j.c. o'hara and fundamental side abigail doolittle with the seaport group and a cnbc contributor. abigail, would you buy either of these two banks? >> bill, perception is everything, and i think that these bank stress test results are likely to shift investor perception of risk in favor of citigroup and away from goldman sachs. citigroup looks more bullish. when we dig down on...
74
74
Mar 8, 2013
03/13
by
CNBC
tv
eye 74
favorite 0
quote 0
morgan chase, citi, wells fargo, will do more when feds pay on the reserves. >> another one which you say may be more important, what is the distinction between the two? >> hard it figure it out but the one yesterday is under had todo. this will include plans banks have for payouts. if we find the banks don't have enough capital, the feds could put a kibosh on their payouts. >> you say in some of the number that came out yesterday, you were surprised by how good they are and it might loosen up their ability to pay. >> bank of america had more capital than the feds said they would require. citigroup did well. surprisingly, some of the banks people talk about as being strong were very close to the edge. goldman sachs, j.p. morgan, a very stressed scenario. they come close to the limit where the fed will cut them o off. >> it was about a year ago this time last year guys where the london whale was swimming around, bringing up big losses. jamie dimon will be there next week, what will he say, and is he likely to get a whoopin? >> well, politicses love to be in front of the camera -- >> yo
morgan chase, citi, wells fargo, will do more when feds pay on the reserves. >> another one which you say may be more important, what is the distinction between the two? >> hard it figure it out but the one yesterday is under had todo. this will include plans banks have for payouts. if we find the banks don't have enough capital, the feds could put a kibosh on their payouts. >> you say in some of the number that came out yesterday, you were surprised by how good they are and...
169
169
Jul 17, 2013
07/13
by
CNBC
tv
eye 169
favorite 0
quote 1
he's running for mayor of new york city. here's the power pitch. >> i'm mandy drury, and on today's power pitch we have a company that guarantees it can paint your house in a day. brian scutamore is founder and ceo of wow one-day painting. he turns $700 and a pick yupup truck into a $100 million a year business called 1-800-got junk. but can he repeat his past success? let's take a look at his power pitch. >> hi. my name is brian scudamore and i'm the founder and ceo of wow one-day painting. 51% of americans surveyed say that the biggest obstacle in the way of painting their homes is that it takes too long. it's too disruptive. could it be done in a day? yes, it can. three years ago i met an entrepreneur with a system for painting homes in a day. i was a consumer, and he came in with his team and painted my home, floor to ceiling, moldings and trim, speed plus quality equals wow. i partnered up with the entrepreneur and we have great suck serbs faster growth than my first brand 1-800-junk. with our partiers from san jose to
he's running for mayor of new york city. here's the power pitch. >> i'm mandy drury, and on today's power pitch we have a company that guarantees it can paint your house in a day. brian scutamore is founder and ceo of wow one-day painting. he turns $700 and a pick yupup truck into a $100 million a year business called 1-800-got junk. but can he repeat his past success? let's take a look at his power pitch. >> hi. my name is brian scudamore and i'm the founder and ceo of wow one-day...
57
57
Nov 18, 2013
11/13
by
CNBC
tv
eye 57
favorite 0
quote 0
seven states now have the average price of gasoline in their state below $3 a gallon, oklahoma, city is where you can find the cheapest gasoline prices in the country right now. $2.65 a gallon. good news for everyone and that is that the average price in every state is now below $4 a gallon, that includes hawaii. this is the first time that's happened since january. that's today's pump patrol, back to you. >> thank you very much. up next an ep ing battle of the d epic battle of the software gods and cloud. if you had to buy one of those stocks which one should it be? >> later on when you hear the word charbucks what do you think some let's be honest? the question was at the center of a decade plus long lawsuit. all those details when "street signs" returns. mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and
seven states now have the average price of gasoline in their state below $3 a gallon, oklahoma, city is where you can find the cheapest gasoline prices in the country right now. $2.65 a gallon. good news for everyone and that is that the average price in every state is now below $4 a gallon, that includes hawaii. this is the first time that's happened since january. that's today's pump patrol, back to you. >> thank you very much. up next an ep ing battle of the d epic battle of the...
157
157
Sep 26, 2013
09/13
by
CNBC
tv
eye 157
favorite 0
quote 0
using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ >>> welcome back. billionaire investor carl icahn will finally get his sit-down with apple ceo tim cook. david faber broke the details. >> it may not be a dinner we famously heard about this potential for a meeting back in august when mr. icahn tweeted about his position, a large one in apple. maybe above $2 billion in value. and his plans to get together with tim cook in september. well, monday is the 30th. they're going to get it in just under the wire. given mr. icahn's schedule, he tends to like to do things later. works late into the night. he's a night owl. mr. cook, i'm told, prefers getting a lot done in the morning. maybe it won't be a late night dinner. perhaps a late day meeting or maybe a late lunch. what it's going to be, the key, of course, is going to be what icahn talks to mr. cook about. specifically, can you, will you consider increasing the buyback. this for a company that in april told us it would return $100 billion to sha
using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ >>> welcome back. billionaire investor carl icahn will finally get his sit-down with apple ceo tim cook. david faber broke the details. >> it may not be a dinner we famously heard about this potential for a meeting back in august when mr. icahn tweeted about his position, a large one in apple. maybe above $2 billion in value. and his plans to get together...
48
48
Oct 9, 2013
10/13
by
CNBC
tv
eye 48
favorite 0
quote 0
robert frank was granted access to one of the most secretive and selective clubs in new york city. speaking of selective, bill griffeth what is coming up on the "closing bell"? >> we are highly selective on "closing bell." here's what we came up with. president obama set to nominate janet yellen for fed chair. we'll have full coverage from the white house east room. and including a star-studded package who's going to tell us what wall street really thinks about janet yellen as the next fed chair. maria is live at the stock trading floor today. an exclusive, the ceo frederick oudea. as the crisis mounts in washington someone who's been in the hot seat former house majority leader dick gephardt with us today. he has an idea or two how washington can get out of gridlock. we'll see you at the top of the hour for "closing bell" after "street signs" continues after this. stay tuned. geoff: i'm the kind of guy who doesn't like being sold to. the last thing i want is to feel like someone is giving me a sales pitch, especially when it comes to my investments. you want a broker you can trust
robert frank was granted access to one of the most secretive and selective clubs in new york city. speaking of selective, bill griffeth what is coming up on the "closing bell"? >> we are highly selective on "closing bell." here's what we came up with. president obama set to nominate janet yellen for fed chair. we'll have full coverage from the white house east room. and including a star-studded package who's going to tell us what wall street really thinks about janet...
245
245
Sep 16, 2013
09/13
by
CNBC
tv
eye 245
favorite 0
quote 0
using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ ♪ unh ♪ [ male announcer ] you can choose to blend in. ♪ or you can choose to blend out. the all-new 2014 lexus is. it's your move. >>> let's get the latest on the deadly shooting at the navy shipyard in washington, d.c. tom costello is live on the scene. tom? >> hi, sue. good evening. the latest numbers are still fluid. we still have reports of ten to 12 total shot, four dead, and the gunman is reported dead. but here's the behind me. we'll zoom in and the navy yard is about three or four blocks down the street. we've had a pretty extreme perimeter here as the police moved in. i would estimate we probably had 100 police officers from various jurisdictions as well as fire and ems coming from throughout d.c. and maryland and virginia to assist on this. our pete williams justice correspondent pete williams is reporting they believe that there was only one shooter involved in this incident and he is dead. now the police chief for d.c. said
using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ ♪ unh ♪ [ male announcer ] you can choose to blend in. ♪ or you can choose to blend out. the all-new 2014 lexus is. it's your move. >>> let's get the latest on the deadly shooting at the navy shipyard in washington, d.c. tom costello is live on the scene. tom? >> hi, sue. good evening. the latest numbers are still fluid. we still have reports of ten to...
96
96
Jul 15, 2013
07/13
by
CNBC
tv
eye 96
favorite 0
quote 0
lundberg survey says the windy city has the highest price. morgan stanley says canadian flooding and refinery impacts down to texas 37. >> largest increase has been in the midwest, indiana, michigan. >> largest increase has been in the midwest, indiana, michigan. >> largest increase has been in the midwest, indiana, michigan. >> largest increase has been in the midwest, indiana, michigan. broth who were 30 crepts pents a week. that's par for the course in the spring. >> fairly bleak.week. that's par for the course in the spring. >> fairly bleak. gas prices will go higher nationally. >> it sucks but it is what it is. >> they will drive ten miles to save two pennies. which doesn't make sense, but a lot of people do that. >> how much are you spending a week on average? >> about 300 bucks a week. >> 300 bucks a week? >> yeah. i drive over 500 miles a week. so this is a gas guzzler. >> reporter: now, even though gasoline has shot up, you can see it's coming off a dip. but as bad as this is, it's nothing like it was nine months ago when i reported
lundberg survey says the windy city has the highest price. morgan stanley says canadian flooding and refinery impacts down to texas 37. >> largest increase has been in the midwest, indiana, michigan. >> largest increase has been in the midwest, indiana, michigan. >> largest increase has been in the midwest, indiana, michigan. >> largest increase has been in the midwest, indiana, michigan. broth who were 30 crepts pents a week. that's par for the course in the spring....
20
20
Jun 13, 2013
06/13
by
CNBC
tv
eye 20
favorite 0
quote 0
on average across cities which is huge. no once proposing that. it's an awful idea. we can have a smarter mortgage interest deduction, stimulate housing instead of stimulating borrowing which is what the existing one does. >> how many hate mail e-mails have you received? >> i mean that sincerely. >> so first of all, i'm not proposing anything particular. but you know on real estate agents hereby's the thing, buying and selling a house is expensive. to i looked at transactions. >> it's twice the price of the next highest nation. >> yeah. it's outstandingly high. imagine what happened in the financial markets if it cost you 7% of a stock every time you wanted to buy and sell it. we have accepted this in the housing market. so i sort of bring up the point, look, maybe you want to subsidize closing rather than subsidizing mortgage interests. >> we can't get any deduction from the mortgage interest but the government cuts me a check when i close to cover closing costs? >> one thing you can do is say, look we'll limit benefit to
on average across cities which is huge. no once proposing that. it's an awful idea. we can have a smarter mortgage interest deduction, stimulate housing instead of stimulating borrowing which is what the existing one does. >> how many hate mail e-mails have you received? >> i mean that sincerely. >> so first of all, i'm not proposing anything particular. but you know on real estate agents hereby's the thing, buying and selling a house is expensive. to i looked at transactions....
108
108
Aug 22, 2013
08/13
by
CNBC
tv
eye 108
favorite 0
quote 0
it will be official once the city council accepts his resignation letter. 12 women have accused him of sexual harassment. through it all he tried to keep his job even going to rehab but he's giving up and resigning. we'll end here with an ugly story. jason lee a goldman sachs banker arrested and charged with rape. according to police a 20-year-old woman claims she was sexually assaulted at the hampton house lee and his wife is renting. hee a managing director denies the allegations according to his lawyer. >>> you know, we need some good news. >> i hope i can bring you some later. >> this guy, filner, san diego mayor, he went to treatment center for three days or something and he came right out. at least he resign. thank you. >>> now we're still waiting to find out exact why all the trading on the nasdaq was halted for more than three hours today. former sec commissioner harvey pitt has some strong words about this. he's about to join us as we continue our team coverage of the nasdaq flash freeze up next on the kudlow report. vo: two years of grad school. 20 years with the company. tho
it will be official once the city council accepts his resignation letter. 12 women have accused him of sexual harassment. through it all he tried to keep his job even going to rehab but he's giving up and resigning. we'll end here with an ugly story. jason lee a goldman sachs banker arrested and charged with rape. according to police a 20-year-old woman claims she was sexually assaulted at the hampton house lee and his wife is renting. hee a managing director denies the allegations according to...
191
191
Feb 26, 2013
02/13
by
CNBC
tv
eye 191
favorite 0
quote 0
the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four quarters, ended with the end of 2012. so really, all across the country things look good. only one city of all 20 was down on the year-over-year basis. >> still, though, i'm told the index is heavily skewed by the share of distressed. that's why atlanta could be down 17%. and now up 10% year-over-year. are these numbers, are they reflective of what's happening with real buyers? >> yes, i think they are reflective of what's actually happening with real buyers. what we've seen in city after city over the last couple of years is the city will get hit with a wave of foreclosure activity.
the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four...
118
118
Oct 18, 2013
10/13
by
CNBC
tv
eye 118
favorite 0
quote 0
>> former top lawyer at the defense department. he is a former partner in a big new york city law firm, past donor to president obama. that's drawn some fire from senate republicans today. but we don't expect a difficult confirmation for jay johnson as the dhs secretary, succeeds janet inapproprianapolitano. he has solid credentials legally and in defense as having served at the pentagon. >> thank you very much, john harwood. joining us live there from washington. coming up, google is the nurrest member of the -- newest member of the thousand dollar club and currently responsible for about half the gains in the s&p today. is the search giant lost its cool kid factor. we'll debate that. the video game business may have been left for dead, but we're about to tell you why it is suddenly game on. don't go away. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, w
>> former top lawyer at the defense department. he is a former partner in a big new york city law firm, past donor to president obama. that's drawn some fire from senate republicans today. but we don't expect a difficult confirmation for jay johnson as the dhs secretary, succeeds janet inapproprianapolitano. he has solid credentials legally and in defense as having served at the pentagon. >> thank you very much, john harwood. joining us live there from washington. coming up, google...
125
125
Jul 2, 2013
07/13
by
CNBC
tv
eye 125
favorite 0
quote 0
that is the case, and they have, of course, strengthened different point across the capital city. coming in, again, this morning, i ran through a checkpoint with four tanks. they were checking i.d.s, and the suez canal was also strengthened in terms of the force that's there, making sure that everything is protected. the army is not taking any chances. they know that the next 24 hours are going to be decisive, and at the moment with the incumbent president, his cabinet is falling apart. ministers are tendering the resignation and still the government is not budging. there is no sign of constructive dialogue at this point and with every hour that passes and the closer we get to that deadline, the higher the anxiety is going to be, and as a result the higher the risk, not just for the people on the ground here but also for the markets around the world. >> all right. >> indeed. >> yousef gamal el din, great reporting. we'll be back with you later today, i'm sure. we'll take a quick break and we'll be right back as some of the nasdaq and other barometers have turned negative. ♪ ♪
that is the case, and they have, of course, strengthened different point across the capital city. coming in, again, this morning, i ran through a checkpoint with four tanks. they were checking i.d.s, and the suez canal was also strengthened in terms of the force that's there, making sure that everything is protected. the army is not taking any chances. they know that the next 24 hours are going to be decisive, and at the moment with the incumbent president, his cabinet is falling apart....
135
135
Dec 5, 2013
12/13
by
CNBC
tv
eye 135
favorite 0
quote 0
and this is like the soho area of miami's hip and trendy city. so this home, townhome, is two bedrooms, 1 1/2 baths, very clean, sleek, modern in an up-and-coming area. great buy. >> all right. number two, kind of a middle-of-the-road property, if you will. listing address is 7546 southwest 188 lane. it's in cutler bay, florida. the list price, $459,900, taxes, about $6,100. bedrooms, 3 1/2. bathrooms -- 3 bedrooms, 3 1/2 bathrooms, about 3,000 square feet. tell me more about it. it's actually 4 bedrooms, i should say. >> yes. and this, again, shows why it's a great opportunity now to buy in miami. we have 2003 and 2004 pre-boom prices. so this is a bargain for $459,000, about $140 a square foot. it's right off the prestigious old cutler area, prime, gated, 24-hour security, pool, tennis, spa, what more can you ask for? >> yeah, absolutely. it looks lovely. it looks like it has some nice views, too. >> great deal. >> let's go positito the power of the week. in aventura, florida. $1.2 million, $10,559 taxes. it's a beautiful home. >> for the shopa
and this is like the soho area of miami's hip and trendy city. so this home, townhome, is two bedrooms, 1 1/2 baths, very clean, sleek, modern in an up-and-coming area. great buy. >> all right. number two, kind of a middle-of-the-road property, if you will. listing address is 7546 southwest 188 lane. it's in cutler bay, florida. the list price, $459,900, taxes, about $6,100. bedrooms, 3 1/2. bathrooms -- 3 bedrooms, 3 1/2 bathrooms, about 3,000 square feet. tell me more about it. it's...
669
669
Mar 14, 2013
03/13
by
CNBC
tv
eye 669
favorite 0
quote 0
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> >>> will we or won't we. s&p 500 closed at a new high today. we are just a couple points away. josh lipton watching the market like a hawk. >> maria, another day of green arrows. the dow set to extend its winning streak to ten days. that would be the longest winning streak for the blue chips since november 1996. as for the s&p 500, it hit a new five-year high today. the all-time closing record for the benchmark gauge, 1565. so we're right there. as for some individual movers in today's session, a few names to highlight. in the dow, leaders included hewlett-packard, now up some 50% so far this year. ibm also ga
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> >>>...
75
75
Jan 30, 2013
01/13
by
CNBC
tv
eye 75
favorite 0
quote 0
how they characterize the economy is critical. as i said, they are cognizant about it not be a self fulfilling prophecy. also, esther george is voting and she will be with her predecessor from kansas city this time around as well. >> when you consider the huge reaction and the discussion of how hawkish the minutes are, they are try to get it very, very straight. >> i think they talk about it the last several days. i'm not sure we will see much in terms of the announcement of the minutes. i think they recognize that all asset markets are artificially priced and dependent on the ability of their monetary policy but the time that it takes to do so and how long the fed stays low and how long it takes to get to 6.5% unemployment are the relative questions for the market today. we think it'll be a few years at least -- >> federal open market committee decides to keep funds rate at 0 to quarter percent an anticipate this low range of the fed funds rate will be appropriate at least as long as unemployment rate remains above 6.5%. in flags
how they characterize the economy is critical. as i said, they are cognizant about it not be a self fulfilling prophecy. also, esther george is voting and she will be with her predecessor from kansas city this time around as well. >> when you consider the huge reaction and the discussion of how hawkish the minutes are, they are try to get it very, very straight. >> i think they talk about it the last several days. i'm not sure we will see much in terms of the announcement of the...
43
43
Jul 2, 2013
07/13
by
CNBC
tv
eye 43
favorite 0
quote 0
tom lee is from jpmorgan and joins us live from new york city. welcome back. good to have you on the halftime show. >> thanks a lot. >> give us a read based on the conversation we've just had on the desk here about what to expect from friday and how the market is likely to react. >> well, you know, i agree with the points almost everyone made there. you know, i think at the end of the day good news is going to be good news. so i think markets are pretty worried about a weak labor market print. when you look at the isms and some of the ip data, the employment data was weak, so a positive surprise there would be positive for equities. but as you know, on the other hand, you know, volatility isn't been great for the carry trade. i think that's why we might have to say part of that might be given back by there might be a further unwind of that carry trade. >> are you bullish enough to recommend a change in investment strategy from here forward, that we do a wholehearted look at cyclical stocks between now and the end of december and that's what's going to rule the
tom lee is from jpmorgan and joins us live from new york city. welcome back. good to have you on the halftime show. >> thanks a lot. >> give us a read based on the conversation we've just had on the desk here about what to expect from friday and how the market is likely to react. >> well, you know, i agree with the points almost everyone made there. you know, i think at the end of the day good news is going to be good news. so i think markets are pretty worried about a weak...
239
239
Oct 31, 2013
10/13
by
CNBC
tv
eye 239
favorite 0
quote 1
but we've been relatively late to the party in the secondary cities. some of those marketsme. and we're now opening in those markets. great growth in that market. india's going well for us too although it's complicated at the moment. >> complicated why? >> yeah. >> well, the economy's topsy turvy. and so while they need more hotel rooms, it's a tough financing market for our hotel owners. >> and average of these are middle market? is there a lot of ritz carltons? high end, low end? what is it? >> it's across the board. so in bangalore this year, we'll open a ritz carlton, a marriott and a fairfield, first ever in india. we decided we'd do a mid market product because that was a big gap in that market for particularly the indian travelers. >> what have you done with health care and obama care? where are you? do you -- have you made any hiring decisions based on avoiding covering people? are you thinking about how marriott's long-term -- you know, what kind of benefit you're going to offer five years from now. how does it all play out with a guy like you? >> well, i'll frustrate
but we've been relatively late to the party in the secondary cities. some of those marketsme. and we're now opening in those markets. great growth in that market. india's going well for us too although it's complicated at the moment. >> complicated why? >> yeah. >> well, the economy's topsy turvy. and so while they need more hotel rooms, it's a tough financing market for our hotel owners. >> and average of these are middle market? is there a lot of ritz carltons? high...
148
148
Jan 30, 2013
01/13
by
CNBC
tv
eye 148
favorite 0
quote 0
we're here at the launch in new york city. one good indication of how the 10 might move in terms of volume is how many blackberry users are trying to sell their old models. we're joined today by israel of gazelle. welcome. good to have you on the show. >> thank you. thanks for having me on the show again. >> you're like the leading indicator. what is the interest in trying to sell your old late model blackberry? >> you know, we've seen some really interesting trends in our business in the last couple of months. on the blackberry side, our volume in terms of blackberry tradings has doubled over the last month, and, in fact, over the last week, we receive a 500% increase in the blackberry trade-ins. we're seeing a lot of action on the part of the blackberry users. >> put that kind of move into context. is that something you would generally see in front of a norfolk nokia launch, apple launch? >> sure. this is a pretty impressive performance for blackberry, i have to admit that. we saw it around the iphone event and samsung's int
we're here at the launch in new york city. one good indication of how the 10 might move in terms of volume is how many blackberry users are trying to sell their old models. we're joined today by israel of gazelle. welcome. good to have you on the show. >> thank you. thanks for having me on the show again. >> you're like the leading indicator. what is the interest in trying to sell your old late model blackberry? >> you know, we've seen some really interesting trends in our...
138
138
Mar 13, 2013
03/13
by
CNBC
tv
eye 138
favorite 0
quote 0
way the city went about it was arbitrary and capricious, the way the judge said. citi's response? >> they're certainly wrong in the health and the board of health has done a lot of things over a decade to protect the health of new yorkers. banning lead and paint and this is exactly what the board of health was set up to do and we think it will prevail on appeal. >> how far will the city take appeals? >> to the court of appeals which is the highest level of court in the state of new york. >> is this a socioeconomic problem, doctor, in that if you traced where the highest -- does it track to income? >> absolutely. we released data yesterday showing there's a very strong correlation between the conception of sugary drinks and obesity at the neighborhood level and they're the poorest neighborhoods in new york city where they market the drinks the most. >> to that point, you've probably read "the new york times" this morning that has a front-page article that this is not just a victory for the soft drinks industry. the soda companies and it is also a victory for many p
way the city went about it was arbitrary and capricious, the way the judge said. citi's response? >> they're certainly wrong in the health and the board of health has done a lot of things over a decade to protect the health of new yorkers. banning lead and paint and this is exactly what the board of health was set up to do and we think it will prevail on appeal. >> how far will the city take appeals? >> to the court of appeals which is the highest level of court in the state...
78
78
Sep 24, 2013
09/13
by
CNBC
tv
eye 78
favorite 0
quote 0
happening in the city f you use yelp, seamless, any other site, google local, i mean, the reports are that they were paying freelance writers anywhere from a dollar to ten dollars per review to kind of put them up there and make them neutral slash negative to they would seem more legitimate. >> fool people for thinking social media is something it's not. >> i think that's an interesting point and needs to go back to buyer beware. if you're wondering whether something is good, go back to a friend. >> or try it once. >> a closed community like angie's list. >> a closed community. move on to disney, changing its policy for the disabled. disabled guests no longer allowed to cut in the lines. they did this because so many people were basically hiring other people to come in and basically circumvent the line. it's a delicate dance, is it not? there are, for instance, a lot of children who have disabilities and they can't wait in line for a long time. disney is going to give them a pass. almost like the fast pass where they can come back at a specified time an get on to whatever attract she
happening in the city f you use yelp, seamless, any other site, google local, i mean, the reports are that they were paying freelance writers anywhere from a dollar to ten dollars per review to kind of put them up there and make them neutral slash negative to they would seem more legitimate. >> fool people for thinking social media is something it's not. >> i think that's an interesting point and needs to go back to buyer beware. if you're wondering whether something is good, go...
46
46
Mar 8, 2013
03/13
by
CNBC
tv
eye 46
favorite 0
quote 0
almost 30% of the new 52-week highs today are from the financial sector. take a look at this. city groups at highest level since april 2011. bank of america highest since may 2011. as far as regional banks go, keycorp app its highest since 2008. joining us now, banking analyst at goog enheim partners, morningstar banking, great to have you with us today. we have been looking at banks this week. financials have been some of the leading stars in this recent rally. but let's get into the regionals in particular. the regionals aced the stress test, which ones stood out for you? >> we were looking at is you know, like keycorp for instance. last year had an oversized loss content in the fed estimates and stress losses. they actually saw almost a two full percentage point improvement and that's what the dodd-frank information is about last night is stress test losses. so keycorp has been able to push it back towards value as the taint related to last year's estimates have come down and now what we are seeing is them able to trade back towards tangible book value. >> as follow-up to t
almost 30% of the new 52-week highs today are from the financial sector. take a look at this. city groups at highest level since april 2011. bank of america highest since may 2011. as far as regional banks go, keycorp app its highest since 2008. joining us now, banking analyst at goog enheim partners, morningstar banking, great to have you with us today. we have been looking at banks this week. financials have been some of the leading stars in this recent rally. but let's get into the regionals...
44
44
Apr 10, 2013
04/13
by
CNBC
tv
eye 44
favorite 0
quote 0
citi up more than 2/3 a percent. xon mobile, broad-based move on the other side of the break. we'll give you the names you need to know. coming up, health care and all the big calls on the street covered as well in our top three trades. we'll talk about gold as well as it continues to fall pushing the losses to more than 6% this year, but is a rebound in the cards? two of the traders go toe-to-toe in one heated debate when we come back. [ male announcer ] at charles schwab, we've committed to setting the bar high by going low. tdd# 1-800-345-2550 like offering schwab etfs tdd# 1-800-345-2550 with the lowest operating expenses tdd# 1-800-345-2550 in their respective lipper categories -- tdd# 1-800-345-2550 lower than ishares tdd# 1-800-345-2550 and vanguard. tdd# 1-800-345-2550 and with all our etfs commission-free tdd# 1-800-345-2550 when traded online in a schwab account, tdd# 1-800-345-2550 it leaves our investors with more money to invest. tdd# 1-800-345-2550 something they've come to count on with us. tdd# 1-800-345-2550 so as investors continue to set their portfolio goal
citi up more than 2/3 a percent. xon mobile, broad-based move on the other side of the break. we'll give you the names you need to know. coming up, health care and all the big calls on the street covered as well in our top three trades. we'll talk about gold as well as it continues to fall pushing the losses to more than 6% this year, but is a rebound in the cards? two of the traders go toe-to-toe in one heated debate when we come back. [ male announcer ] at charles schwab, we've committed to...
93
93
Sep 17, 2013
09/13
by
CNBC
tv
eye 93
favorite 0
quote 0
in various cities across the country where mr. alexis has spent time. we are greatly appreciative of the public's cooperation and we, again, ask anyone who may have knowledge of mr. alexis to report that information to the fbi. no piece of information is too small. we also continue to put forth other fbi assets towards this investigation. our office of victim assistance is working together with mpd and the department of defense to provide resources and support to victims and next of kin. we also have personnel from our behavioral analysis unit, assisting in the investigation, as we ri to determine the motivation behind the shootings. we continue to look into mr. alexis' past including his medical and criminal histories. because that part of the investigation is still ongoing, we will not comment further on that at this time. once again, i would like to thank our partner agencies and all those who have participated in yesterday's response. i'd also like to thank all of the individuals who work at the navy yard for their cooperation
in various cities across the country where mr. alexis has spent time. we are greatly appreciative of the public's cooperation and we, again, ask anyone who may have knowledge of mr. alexis to report that information to the fbi. no piece of information is too small. we also continue to put forth other fbi assets towards this investigation. our office of victim assistance is working together with mpd and the department of defense to provide resources and support to victims and next of kin. we...
30
30
Nov 20, 2013
11/13
by
CNBC
tv
eye 30
favorite 0
quote 0
now allegations of widespread fraud in one of the largest cities in the nation, raising concerns that investors may not be getting what they bargained for. we have that story coming up. amazon reportedly is expantsing its private label offerings to include supermarket goods. find out if that move could be the key to boosting amazon's notoriously razor thin profit margins. maria and i look forward to seeing you for the top of the hour for the important hour of the last trading day. more puns coming your way after this. tdd# 1-800-345-2550 searching for trade ideas that spark your curiosity tdd# 1-800-345-2550 can take you in many directions. tdd# 1-800-345-2550 you read this. watch that. tdd# 1-800-345-2550 you look for what's next. tdd# 1-800-345-2550 at schwab, we can help turn inspiration into action tdd# 1-800-345-2550 boost your trading iq with the help of tdd# 1-800-345-2550 our live online workshops tdd# 1-800-345-2550 like identifying market trends. tdd# 1-800-345-2550 now, earn 300 commission-free online trades. call 1-888-628-2419 or go to schwab.com/trading to learn how. tdd
now allegations of widespread fraud in one of the largest cities in the nation, raising concerns that investors may not be getting what they bargained for. we have that story coming up. amazon reportedly is expantsing its private label offerings to include supermarket goods. find out if that move could be the key to boosting amazon's notoriously razor thin profit margins. maria and i look forward to seeing you for the top of the hour for the important hour of the last trading day. more puns...
109
109
Jul 22, 2013
07/13
by
CNBC
tv
eye 109
favorite 0
quote 0
to make up the loss twinsburg residents raised their income taxes and the city is redeveloping the old chrysler site with new companies. >> we have a ways to go yet to be completely recovered, but we've made great progress. i'm tremendously optimistic. i'm a planner. i have to be optimistic. >> keith mcqueen is also optimistic. he started/own company cleaning corporate offices. he estimate it will be three years before he earns what he made at chrysler, but he's no longer bitter about the auto industry leaving him and twinsburg behind. >> and so i've already run the gambit of being very angry, very bitter, to now i'm at a point to where i've got to move on with your life. >> reporter: another sign that twinsburg is moving on. a new food distribution company moved into a portion what have used to be the land for the chrysler stamping plant. the owners of this property, by the way, tyler and sue, saw all of this rubble and new businesses will start to move into this area by the end of this summer, slowly but surely twinsburg is getting back on its feet without the auto industry. guys, ba
to make up the loss twinsburg residents raised their income taxes and the city is redeveloping the old chrysler site with new companies. >> we have a ways to go yet to be completely recovered, but we've made great progress. i'm tremendously optimistic. i'm a planner. i have to be optimistic. >> keith mcqueen is also optimistic. he started/own company cleaning corporate offices. he estimate it will be three years before he earns what he made at chrysler, but he's no longer bitter...
161
161
Mar 11, 2013
03/13
by
CNBC
tv
eye 161
favorite 0
quote 0
knowing the way the city is, there could be trouble for the rest of the week, as well. in terms of trading, let's give you a quick sense of what's happening in markets. across asia, we did see a generally weaker tone after china came out with weaker than expected sales. china unveiling its biggest overall in like 15 years. that will give people something to chew over when it comes to investing in asia and china specifically. we turn our attention to the european session, the ftse 1 00 has been struggling to stay in the green, but regardless, everybody else is basically pointed lower this week taking a pause after the kind of rallies we've seen in europe that hasekcooed largely the trading patterns we've seen in the u.s. the ftse mib is weaker, down 0.8%. reaction that's not too inconsistent with the behavior we've seen for that index. and if you look at the bond space, we're weaker on italy, but not cart mat cannily so. watch the spread between spain and italy. this is now narrowed to within 10 is basis points, putting pressure on the euro overnight. the dollar is stron
knowing the way the city is, there could be trouble for the rest of the week, as well. in terms of trading, let's give you a quick sense of what's happening in markets. across asia, we did see a generally weaker tone after china came out with weaker than expected sales. china unveiling its biggest overall in like 15 years. that will give people something to chew over when it comes to investing in asia and china specifically. we turn our attention to the european session, the ftse 1 00 has been...
170
170
Jul 25, 2013
07/13
by
CNBC
tv
eye 170
favorite 0
quote 0
right. >> we ask the ceo about the bankruptcy in the motor city. >> my favorite time in the morning. markets will be watching for jobless claims and durable goods. >> president obama kicking off his economic tour. >> we can do what america has always done, which is pull together, fight back and win. that's what we have to do. >> he'll get reaction from republican congressman kevin brady. the third hour of "squawk box" begins right now. ♪ . >> welcome back to "squawk box" here on cnbc. you know, i'm joe kernen along with becky quick. our guest hosts for the next hour, richard f-ing bernstein, ceo. >> did you say that? he has no middle name. >> i have no middle name. >> you are giving him the middle name. >> effin. he has a middle name. is that not? >> high five. >> how cool is it? richard effin bernstein, genius on the market. you were with merrill lynch for over 20 years? >> forever. >> was it named after you? >> it was. >> you don't have any other bernsteins working there? >> although, bernstein is like smith in new york city. >> it is. you are looking cool, just the hair is cool.
right. >> we ask the ceo about the bankruptcy in the motor city. >> my favorite time in the morning. markets will be watching for jobless claims and durable goods. >> president obama kicking off his economic tour. >> we can do what america has always done, which is pull together, fight back and win. that's what we have to do. >> he'll get reaction from republican congressman kevin brady. the third hour of "squawk box" begins right now. ♪ . >>...
65
65
Jun 17, 2013
06/13
by
CNBC
tv
eye 65
favorite 0
quote 0
steven whiting is chief investment strategist for city wide bank. where do you weigh in on what happens this week for what happens with the feds. >> i start off with agreeing with steve liesman, good news is good news. roughly 30% higher than when the market last peaked in 2007 and the stock market is up 4%, 5% since 2007. valuation has come down in the age of qe. this time around, we do think you know, markets always tend to want to see whatever they want to see or hear what they want to hear from chairman bernanke. but he will probably explain to the market that eventually tapering off the pace of qe is not the same as outright tightening and that might be marginally helpful. >> good luck trying to get the message across. i think that's going to be one of the major issues, ha does that mean for volatility? >> it's a very difficult communications challenge right now. i think people got very used to the extremely low volatility environment during the first five months of the year. implied volatility was exceptionally low. realized volatility, incred
steven whiting is chief investment strategist for city wide bank. where do you weigh in on what happens this week for what happens with the feds. >> i start off with agreeing with steve liesman, good news is good news. roughly 30% higher than when the market last peaked in 2007 and the stock market is up 4%, 5% since 2007. valuation has come down in the age of qe. this time around, we do think you know, markets always tend to want to see whatever they want to see or hear what they want to...
97
97
Feb 1, 2013
02/13
by
CNBC
tv
eye 97
favorite 0
quote 0
embassy in turkey, that is a factor that raising the tensions and chris many premium in the marketplace. add it that explosion at head quarters in mexico city, that's another factor that traders are launching. we haven't seen significant gains in the u.s. oil price because we have pipeline concerns that pipeline taking crews from oklahoma to texas coast. that probably won't be a full capacity until the fourth quarter. that is something that leaves still that glut of oil in the middle part of the country that is something that kept a lid on the rise in the u.s. oil price. in terms of precious metals, it has been a strong day for precious metals after the jobs data and that unploemt rate is what traders are watching. one reason they think precious metals. >> so what has happened to the individual investor over that time? jane wells is in los angeles. jane? >> hi, tyler. you think of americans as being resilient and optimistic. we found more than a few who said they survived the last few years by thinking of warren buffett. the view from main street when we come back. [ male announcer ] wi
embassy in turkey, that is a factor that raising the tensions and chris many premium in the marketplace. add it that explosion at head quarters in mexico city, that's another factor that traders are launching. we haven't seen significant gains in the u.s. oil price because we have pipeline concerns that pipeline taking crews from oklahoma to texas coast. that probably won't be a full capacity until the fourth quarter. that is something that leaves still that glut of oil in the middle part of...
135
135
Sep 23, 2013
09/13
by
CNBC
tv
eye 135
favorite 0
quote 0
is meeting, the president going to be making a speech in the city, even the situation. >> attacking what they call in the par lens a soft target. it is terrifying and your word horrifying. back home, there is the countdown to the shutdown. there you see it, seven days, ten hours, 57 minutes 32 seconds the economy's fate at stake, seven days to go. will congress reach a deal to prevent a government shutdown? our chief washington correspondent john harwood live at the white house. it doesn't sound like either side has softened one bit in their positions. maybe we shouldn't expect it with seven days to go. >> no softening publicly and there are no real negotiations going on, but we're in a little pause in the min new wet that plays out between the house and senate. the house passed their bill extending government funding on friday with a provision that would defund obama care. they know that's not going to become law. now the senate has it and they have got to go through the procedural hurdles that the senate requires to accept the bill for debate and then accept it for a final vote. both o
is meeting, the president going to be making a speech in the city, even the situation. >> attacking what they call in the par lens a soft target. it is terrifying and your word horrifying. back home, there is the countdown to the shutdown. there you see it, seven days, ten hours, 57 minutes 32 seconds the economy's fate at stake, seven days to go. will congress reach a deal to prevent a government shutdown? our chief washington correspondent john harwood live at the white house. it...
80
80
Feb 19, 2013
02/13
by
CNBC
tv
eye 80
favorite 0
quote 0
they have fiber deployment, cable deployment in kansas city. the developed android. >> sorry to jump in. that's a great point. that bothered me about google. they are good at making money one way and spending money in 100 ways. >> you said it in a much more eloquent sound bite than i'm able to come up. absolutely. that's the big issue. tarting to say they really created android to protect, a defensive move, not a growth move, to protect their role in search. same thing for buying motorola, protecting. none the economics of the core business which is search. a great business having more mobile products out there helped them. that would happen anyhow. it's really fascinating to me where google is able to spend, how much credit they and amazon get for that. we don't return, actually see earnings growth. >> thank you very much to all three of you. >> isn't it amazing how google is part of it, google. >> it's a verb. >> the new xerox. >> actually said i googled it. >> on deck, explosive report on how hackers are infiltrating america's biggest countr
they have fiber deployment, cable deployment in kansas city. the developed android. >> sorry to jump in. that's a great point. that bothered me about google. they are good at making money one way and spending money in 100 ways. >> you said it in a much more eloquent sound bite than i'm able to come up. absolutely. that's the big issue. tarting to say they really created android to protect, a defensive move, not a growth move, to protect their role in search. same thing for buying...
120
120
Aug 21, 2013
08/13
by
CNBC
tv
eye 120
favorite 0
quote 0
. >> it seems to me the reason to own citi is you want to own the global story. you want to own banking growing all over the world. that's one reason to own citi, and they still have the international strength. >> they do. and the consumer, whereas it's deleveraging here in the u.s. still, outside the u.s., they're borrowing a little bit more, doing more business with banks. whether that's a good thing or not, who can really know at this point. the one other then about the housing market, morgan stanley's betsy grace says, as housing continues to improve, citigroup will be able to sell even more of the bad mortgage assets from its bad bank. that will give it another lift, too. >> okay. >> kayla, thank you. citi may be one of the great comeback stories of the year for sure, but seema has a list of stocks that may be beaten-down bargains. over to you. >> reporter: -- say it's a good thing, because it makes stocks cheaper, relative to what they earn. now, over the last five days, energy stocks have been hit the hardest. cliff natural resources, marathon petroleum, a
. >> it seems to me the reason to own citi is you want to own the global story. you want to own banking growing all over the world. that's one reason to own citi, and they still have the international strength. >> they do. and the consumer, whereas it's deleveraging here in the u.s. still, outside the u.s., they're borrowing a little bit more, doing more business with banks. whether that's a good thing or not, who can really know at this point. the one other then about the housing...
151
151
Mar 26, 2013
03/13
by
CNBC
tv
eye 151
favorite 0
quote 0
all our financial advisers the world as we know it is not the end of the world. >> shiny city on a hill. >> we have all these things going for us. >> all right. we're going to continue this conversation. a lot of names out there that you can play on. still to come this morning, we'll talk about why johnson & johnson is another name that david darst things will be winners >> up next, though, steve liesman releases the latest from the all american survey. >>> america's views on housing, stocks, wages, inflation. we dig deep when "squawk box" comes back. it's a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i
all our financial advisers the world as we know it is not the end of the world. >> shiny city on a hill. >> we have all these things going for us. >> all right. we're going to continue this conversation. a lot of names out there that you can play on. still to come this morning, we'll talk about why johnson & johnson is another name that david darst things will be winners >> up next, though, steve liesman releases the latest from the all american survey. >>>...